Top News: Ebix Inc. (NASDAQ:EBIX), Merck & Co. Inc. (NYSE:MRK), Signature Bank (NASDAQ:SBNY), Crestwood Midstream Partners LP (NYSE:CMLP), Verizon Communications Inc. (NYSE:VZ)

On Tuesday shares of Ebix Inc. (NASDAQ:EBIX) closed at $32.74. Company’s sales growth for last 5 years was 17.00% and EPS growth for next 5 years is recorded as 10.00%. Ebix Inc. (NASDAQ:EBIX) is carrying a Zacks Rank #1 ( Strong Buy).

Merck & Co. Inc. (NYSE:MRK) has 0.04% insider ownership while its institutional ownership stands at 76.10%. In last trading activity company’s stock closed at $59.44. Merck & Co Inc (NYSE:MRK) announced financial results for the first quarter of 2015. The Medical Drugs company announced earnings per share of $0.85 against a consensus Street estimate of $0.75, beating the average estimate by $0.1. This corresponds to a decrease of $0.14 compared to the same quarter of the previous fiscal year.

On last trading day Signature Bank (NASDAQ:SBNY) advanced 0.42% to close at $139.45. Its volatility for the week is 1.49% while volatility for the month is 1.88%. SBNY’s sales growth for past 5 years was 19.10% and its EPS growth for past 5 years was 35.60%. Signature Bank (NASDAQ:SBNY) monthly performance is 6.06%. SR Capital acquired a two-story retail and office building in Borough Park, Brooklyn, for $25 million with $22.8 million in permanent and mezzanine financing brokered by Meridian Capital Group, Commercial Observer has learned. The acquisition financing contains a $15 million senior mortgage from Signature Bank (NASDAQ:SBNY) and a $7.8 million mezzanine loan from RCG Longview.

Crestwood Midstream Partners LP (NYSE:CMLP) has 0.50% insider ownership while its institutional ownership stands at 72.80%. In last trading activity company’s stock closed at $14.97. On 8 May, Crestwood Equity Partners LP (NYSE:CMLP) has signed a deal to buy its affilliate Crestwood Midstream Partners to make it single entity valued at $7.5bn. According to the terms of the merger agreement, Crestwood Midstream will integrate and operate with a newly formed subsidiary for Crestwood Equity. Crestwood Midstream equity holders will get 2.75 units of Crestwood Equity for each share they own.

On last trading day Verizon Communications Inc. (NYSE:VZ) decreased -0.36% to close at $49.62. Its volatility for the week is 1.25% while volatility for the month is 1.11%. VZ’s sales growth for past 5 years was 3.30% and its EPS growth for past 5 years was 7.10%. Verizon Communications Inc. (NYSE:VZ) monthly performance is 1.18%. Verizon Communications Inc. (NYSE:VZ) is buying AOL for $4.4bn, apparently to strengthen its hand at video advertising. This comes on the back of Verizon’s existing plans to launch a video snacking service for mobes, with descriptions making it sound as though the plan will be using LTE-broadcast.

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